HOT DOG,
A pleasure. I think the other issue relevant to debt is the WES Divident Reinvestment Plan:
1) Historically, WES turns it on or off depending on whether their gearing moves above or below their 45-70% target range.
2) When the DRP is operating, the takeup rate by traditional (pre-Coles) holders is very high.
3) Aside from the DRP takeup rate, on occasion they've gotten the DRP underwritten to assure they get a big cash injection.
One more reason that I don't foresee the WES cupboard running bare!
wes vs wesn, page-20
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$70.68 |
Change
-0.310(0.44%) |
Mkt cap ! $80.16B | |||
| Open | High | Low | Value | Volume |
| $71.38 | $71.48 | $70.03 | $68.16M | 964.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2680 | $70.68 |
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| Price($) | Vol. | No. |
|---|---|---|
| $70.69 | 327 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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